Honeywell lifts annual profit outlook after quarterly results beat

(Reuters) – Industrial conglomerate Honeywell International Inc raised its full-year profit and revenue forecasts on Thursday, after posting a quarterly results beat on strength in its aviation unit. Shares of the company, which makes everything from engines to cockpit components, were up 2.4% at $195.50 before the bell. Aviation suppliers such as Honeywell and General …

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China regulator to help lower financing costs of small businesses

BEIJING (Reuters) – China’s banking and insurance regulator said it would enhance credit support and lower the actual financing costs of small and micro enterprises this year to better support economic recovery. In a statement on Thursday, the China Banking and Insurance Regulatory Commission (CBIRC) said financial institutions should provide reasonable credits to small businesses, …

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Toyota Tsusho teme que otros países sigan a Chile y frenen las exportaciones de minerales en bruto

Por Yuka Obayashi TOKIO, 27 abr (Reuters) – La empresa comercial japonesa Toyota Tsusho Corp teme que países como Chile sigan restringiendo las exportaciones de minerales en bruto como el litio, declaró el jueves su director financiero. El presidente de Chile, Gabriel Boric, dijo la semana pasada que aumentaría el control estatal en la industria …

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Microsoft critica al Reino Unido por bloquear la adquisición de Activision

Por Paul Sandle LONDRES, 27 abr (Reuters) – Brad Smith, presidente de Microsoft, dijo que la decisión del regulador británico de impedir la adquisición de Activision Blizzard, fabricante del videojuego “Call of Duty”, “ha hecho tambalear la confianza” en Reino Unido como destino de las empresas tecnológicas. La Autoridad de la Competencia y los Mercados …

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DTE Energy beats profit estimates on lower costs, non-utility gains

(Reuters) – U.S. electric and gas utility firm DTE Energy Co beat estimates for first-quarter profit on Thursday, as lower costs and upbeat performance of a unit that develops energy projects partially offset a decline in demand for electricity and gas. Unfavourable weather including warmer-than-usual winter and storms in certain states were seen pressuring earnings …

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India’s Godrej to buy Raymond’s consumer business for $345 million

By M. Sriram MUMBAI (Reuters) -India’s Godrej Consumer Products Ltd said on Thursday it is acquiring the consumer goods business of Raymond Consumer Care Ltd for $345 million, bolstering its portfolio of brands in the country’s fast-growing retail market. Raymond Ltd will sell its popular brands such as the Park Avenue deodorant and Kamasutra condoms …

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“Träger Tanker” – BASF-Investoren kritisieren Chemiekonzern

Frankfurt (Reuters) – Eine schwache Kursentwicklung, als riskant bewertete Milliarden-Investitionen in China und ein Renditerückstand im Vergleich zu vielen Spezialchemiefirmen: Der Chemieriese BASF bekommt auf der ersten Hauptversammlung in Präsenz seit der Pandemie von den Anteilseignern Unzufriedenheit zu spüren. “Die BASF ist in der Chemie nicht mehr das Maß aller Dinge”, sagte Fondsmanager Arne Rautenberg …

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